Europe finds plenty to like about ETFs

  The US has been a leader in ETFs for years, enjoying steady growth in both assets and the number of products offered. While the US ETF market continues to grow, it now lags behind Europe in terms of the number of funds listed.  According to BlackRock’s monthly review of the ETF industry, at the end of January 2010 the European ETF sector had 896 ETFs from 34 providers with assets of $217.9bn. Compare that to the US ETF industry, which had 791 ETFs from 28 providers and $665.4bn in assets in the same time period. It is stunning growth, considering that the European ETF industry wa...